Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: GraceZ who wrote (365)	4/21/2003 1:01:31 PM
From: Jim Willie CB	Read Replies (3) of 4907

you still dont get it: Kondratiev Winter is here now debt collapse is feeding upon itself now some big high profile bankruptcies are likely this summer money velocity has been cut down severely in the last two years in no way does that mean unemployment hits 100% in 1932 it was about 25% we are now running at about 9-10% jobless now in USA the 5.8% figure by USGovt is pct of workers receiving unemployment insurance I am still making money also but my job security is hurting since a few clients are in pain I do know a few old buddies out of work for over a year and I know a smaller group who are about to file Ch7 or Ch13 dont confuse your world with the rest of the country keep making money, but dont close your eyes somehow I find it annoying that you imply a K-Winter is not at work, since you are still making money is this a self-centric view of the world? / jim

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